Made a mistake for entering MBB too early, nvm..so long the fundamental of the company still ok, im fine.

A bit blur with current sell off, but i believe just another profit taking. This year start following leno on return tracking. Will not combine fresh capital with old one. So far, portfolio 1, YTD gain is +20.6%, thanks to Mahsing while portfolio 2 is -1.7%, thanks to Mamee for its stability. :p

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Maybank eyes 30pc Islamic financing growth

Maybank Islamic Bhd aims to achieve 30 percent growth in Islamic financing for this financial year ending June 30, 2011.

Chief executive officer Ibrahim Hassan said that during the last financial year, the bank attained a similar growth figure to RM36 billion.

It was challenging to achieve the current target but it was achievable, supported by both consumer and corporate segments, he told reporters after the signing of a RM100 million Commodity Murabahah Term Financing-i (CMFT-i) with Universiti Teknologi Malaysia here today.

Currently, 69 percent of the bank's financing portfolio is contributed by the consumer segment, while balance from the corporate segment.

"In the long-run, we are targeting a mixture of 60 per cent consumer and 40 per cent corporate," he added.

Maybank's deputy president and head of community financial services, Lim Hong Tat, said the bank was on track to achieve a significant financing growth for the corporate segment with good prospects seen in the education sector.

The CMFT-i facility, coupled with other financing facilities approved since July 2010 for several government-linked institutions and corporations amounting to RM2 billion, would be the catalyst to boost the bank's Islamic financing portfolio for this financial year.

"Our latest CMFT-i reinforces Maybank Islamic's market leadership as the largest Islamic financing provider in Malaysia as well as in keeping with our aspiration to be the largest Islamic bank in Asean by 2015," he added.

He said that since July last year, the bank had participated in two syndicated/club deals as participating financiers with participation amount of RM1.1 billion for government projects.
-- BERNAMA